Arena Group Holdings: Q1 Earnings Insights

Arena Group Holdings AREN reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:06 PM.

Here's what investors need to know about the announcement.

Arena Group Holdings beat estimated earnings by 12.61%, reporting an EPS of $-1.04 versus an estimate of $-1.19.

Revenue was up $3.14 million from the same period last year.

Last quarter the company beat on EPS by $0.13 which was followed by a 1.42% drop in the share price the next day.

Here's a look at Arena Group Holdings's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.76	-0.92	-0.89	-0.83
EPS Actual	-0.63	-0.90	-1.22	-1.20
Revenue Estimate	62.29M	64.19M	58.45M	42.52M
Revenue Actual	61.66M	66.71M	65.08M	48.24M

To track all earnings releases for Arena Group Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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